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Exhibit 12.1 Statement Regarding Computation of Ratios <table> Computation of Ratio of Earnings to Combined Fixed Changes and Preferred Stock Dividend: (In Thousands) <caption> for the Year for the Year for the Year for the Year for the Year for the Quarter Ended Ended Ended Ended Ended Ended July 25, 1993 July 31, 1994 July 30, 1995 July 28, 1996 July 27, 1997 January 25, 1998 <s> <c> <c> <c> <c> <c> <c> Pre-Tax Income From Continuing Operations 4,887 4,673 5,519 1,561 (9,345) 10,893 Interest Expense 849 1,023 2,205 4,699 23,730 6,325 Preferred Stock Charges 0 0 0 0 0 0 Adjusted Earnings 5,736 5,896 7,724 6,260 14,365 17,218 Fixed Charges Interest Expense 849 1,023 2,205 4,699 23,730 6,325 Preferred Stock Charges 0 0 0 0 0 0 Total Fixed Charges 849 1,023 2,205 4,699 23,730 6,325 Ratio of Earnings to Fixed Charges 6.756 4.763 3.503 1.332 0.606 2.722 Deficiency N/a N/a N/a N/a N/a N/a </Table> <table> <captions> Pro Forma Pro Forma for the Year for the Quarter for the Quarter Ended Ended Ended July 27, 1997 October 26, 1997 October 26, 1997 <s> <c> <c> <c> Pre-Tax Income From Continuing Operations (5,886) (34,238) (41,414) Interest Expense 27,737 7,521 8,473 Preferred Stock Charges Adjusted Earnings 21,851 (26,717) (32,941) Fixed Charges Interest Expense 27,737 7,521 8,473 Preferred Stock Charges 444 2,431 2,431 Total Fixed Charges 28,181 9,952 10,904 Ratio of Earnings to Fixed Charges 0.775 (2.685) (3.021) Deficiency N/a (29,148) (35,372)<page> </Table>
